OpenCharities

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2022-03-31-accounts

Page
Trustees'
report
t-2
Accountants'
report
Statement
offinancial
activities
Balance sheet
Notes to the financial statements 6-9

Unrestricted
Unrestricted
Unrestricted
Unrestricted
funds funds
2022 2021
Notes 0 0
~lgudfgtm
Donations
and
legacies 2 50,000 100,000
~Edit
Charitable
activities
3 70,170 89,808
Net (expenditure)lincome for the yeari
Net movement in funds (20,170) 10,192
Fund balances at 1 April 2021 53,047 42,855
Fund balances at 31 March 2022 32,877 53,047

Accounting
policies
Charity information
Raleigh
Ltd is a private
company
limited
by guarantee
incorporated in England and Wales. The registered
office is 843 Finchley Road, London, NW11 8NA. The principal
address
is 31 Wykeham
Road,
London,
NW4
2TB.
Accounting
convention
The financial
statements
have been
prepared
in
accordance
with
the charity's Memorandum and Articles
of
Association,
the
Companies
Act
2006
and
"Accounting
and
Reporting by Charities: Statement
of
Recommended
Practice
applicable
to charities preparing
their accounts
in accordance
with the
Financial
Reporting
Standard
applicable
in the UK and
Republic
of Ireland (FRS 102)" (as amended for accounting
periods commencing
from
1 January
2016).The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage
ofthe provisions
in the SORP for charities
applying
FRS 102 Update
Bulletin
1 not to prepare
a Statement
ofCash
Flows.
The financial
statements
are prepared
in sterling,
which
is the functional
currency
of the charity.
Monetary
amounts
in these financial statements
are rounded to the nearest E
The financial
statements
have been
prepared
under the historical
cost convention. The principal
accounting
policies adopted
are set out below.
1.2 Going concern
At the time of approving
Ihe financial
statements, the trustees
have
a reasonable expectation that the charily
has adequate
resources
to continue
in operational
existence
for
the foreseeable future. Thus the trustees
continue to adopt the going concern basis ofaccounting in preparing the financial statements.
Charitable
funds
Unrestdicted
funds
are available
for
use at the discretion
of the
trustees
in furtherance
of their charitable
objectives.
Other than
unrestricted
the charity
held
no other type
of fund
at
any time
during
the current
or preceding
periods.
1.4 Income
Income is recognised
when the charity is legally entitled
to it after any performance conditions
have been met,
the amounts
can be measured
reliably,
and it is probable
that income will be received.
Cash donations
are recognised
on receipt. Olher
donations
are recognised
once
the charity has been notified
of the donation,
unless
performance
conditions require deferral of the amount.
Income
tax recoverable
in
relation to donations
received
under
GiR Aid or deeds of covenant
is
recognised
at the time
ofthe donation.
Legacies are recognised
on receipt
or otherwise if the charity has been notified of an impending
distribution,
the
amount
is known,
and
receipt
is expected. If the amount is not known, the legacy
is treated
as a
contingent
asset.
1.5 Expenditure
Direct charitable
expenditure
comprises
expense
incurred
directly
in pursuance of the charity's
principal
activity.
All expenditure
is accounted
for on an accruals
basis and has been
classified
under
headings that aggregate
all costs relating to that category.

2022 2021
f 8
Grants to institutions:
Jewish Home Network 15,000
UK Toremet
Ltd
5,000
Beis Yisroel Trust
Camp Simcha
3,000I' 12,250
5,200
Magen
David Adorn
UK 2,5002 5,050
Gibraltar
Kollel
5,000 10,000
British Friends ofEzer Mizion 5,000
Chai Cancer Care 5,000
Beer Hatora
Ltd
5,000
UK Gives Ltd 5,000
Other 48,468 26,131
68,968 88,631

Support costs
Support Governance 2022 2021
costs costs
f
Bank charges 25 25
Accountancy 900 900 900
Legal and professional 277 277 277
25 1,177 1,202 1,177
Analysed between
Charitable activities 25 1,177 1,202 1,177

Creditor s: a mounts
f
alling due within one year
2022 2021
Accrusls and deferred income 840 840